Question: Why would people buy crypto funds from shady Middlemen in Slovenia (Iconomi), while they can skip these middle men and buy identical crypto funds on a decentralized platform like MelonPort or TaaS where everything from trades to performance is transparent, and especially since these other platforms can also hold funds safely in Cold Storage which eliminates DAO-like hacks?
Why would it be shady? Are you even capable of pointing where is that without googleMaps? If you try to spreed FUD, sell your stash and buy some shitcoins. Or open your own platform if you know it better
"Shady Middlemen" because:
. No expense report for the past 6 months since the end of ICO.
. They solicited funds from US citizens, now they say US citizens are not allowed to use Iconomi
. They failed to release Legal Part 2
. Their legal guy just disappeared.
. They failed to do bi-weekly AMAs, after promising they will do so.
. They avoid all serious questions on Slack.
. They postponed the launch on same day after competitors released videos of their working prototype: https://www.youtube.com/watch?v=TJP7HPF8rOc
. They're delaying ICNX & ICNP funds on purpose to time the release with the end of 6-month lockup period to access their ICN Dev share.
Now you tell me how investors are supposed to trust them with millions of dollars if ICN holders are ever going to see any dividends.
Show proof that US. Citizens are not allowed or it didn't happen.
I haven't heard Iconomi team saying anything about enforcing KYC/ AML on the platfrom
Iconomi doesn't list on Bittrex and Poloniex is the best proof, Kraken lists it maybe because Kraken has full licenses over Bittrex and Poloniex.
My main issue with ICONOMI team is that they didn't tell us the whole truth about the exchanges, hiding under NDA agreement is half truth to me, but I still believe they have what it takes to deliver the right platform
it doesn't matter now that the price has been constantly moving up. those who feel they are scammed can actually sell their ICN to take profit but didn't. kraken is the best exchange i've been so far that i forgot the coins i have in polo.
been loging to it everyday than on polo. moved my xmr there too.
took some time to check out Melonport...
http://www.coindesk.com/meet-the-ex-banker-using-ethereum-to-take-on-traditional-hedge-funds/
I think their still pretty far away from releasing the final product:
Quote
By August 2017, Melonport expects to implement version 1.0 of its protocol and complete the first audit of its code.
Additional audits are planned to occur through to 2018, with version 1.0 of its governance model implemented in February 2019, along with the final deployment
"We have just completed a second prototype," El Isa told CoinDesk. "And are ready to start a round of security auditing from end of February onwards."
Additional audits are planned to occur through to 2018, with version 1.0 of its governance model implemented in February 2019, along with the final deployment
"We have just completed a second prototype," El Isa told CoinDesk. "And are ready to start a round of security auditing from end of February onwards."
They both have the same idea, ICN is closer to finished product. Going to be interesting to see if Melon Port can collect as much as ICN did, not sure it will but crypto crazy shit always happens lol.